Vietnam attracts the CEO APEC

Although business confidence of the chief executive officers (CEOs) in the Asia - Pacific region has the lowest level since 2012, but Vietnam is one of the three addresses besides the Philippines and Singapore attracting foreign CEOs to work.

(Saigon Times Online) - Although business confidence of the chief executive officers (CEOs) in the Asia - Pacific region has the lowest level since 2012, but Vietnam is one of the three addresses besides the Philippines and Singapore attracting foreign CEOs to work.
Half of the 800 CEOs surveyed by PwC were announced today 16-11, on the occasion of opening of the APEC CEO Summit in Manila (Philippines), said they intend to invest more in the background economy on (Vietnam, Philippines and Singapore) in the coming year.

District 4 (the other side of the river) and the view from District 1, District 2, where prepare sprouted new urban economic center of Ho Chi Minh City - Photo: HP

APEC CEO Survey 2015 was conducted by PwC from 23-6 to 21-8-2015, with the participation of 800 CEOs and leading enterprises from 52 countries, operating in 21 countries of APEC members.
This year's survey report noted the business confidence of CEOs in the Asia - Pacific region to its lowest level since 2012 by reason of instability on financial markets. Accordingly, the CEO said that growth prospects in the next 12 months is falling fast. Only 28% of business leaders said they were "very confident" in the ability of the business growth in the next 12 months, down from the 46% rate in last year's survey. This is the lowest percentage since 2012, when PwC began its annual survey of business confidence of CEOs in Asia - Pacific.
However, the concern is not only related to economics. Network security, disaster risk and geopolitical tensions in the region is considered as the biggest threat to investment and growth.
Business confidence also varied between countries in the region. For example, in the Philippines, 51% of business leaders believe that their business will grow over the next year, while the figure was 34% in the US and 20% in China.
The CEO also said that to speed up Internet access and boost digital economy rather than investing in projects that commercial-scale regional or new infrastructure in less developed regions. They believe that 2020 operating innovation through technology will be popular across Asia - Pacific. Specifically, 66% said that by 2020, advances in robotics, Internet connections or things 3D printing technology will completely change the manufacturing industry. 63% of CEOs are expected to have a new round of spending in their business to business innovation.
"We also found many favorable conditions for innovation. The economy is only beginning to share and this is a new platform for consumers and businesses can purchase any asset class through virtual tools, "said Dennis M. Nally, Chairman Chairman of PricewaterhouseCoopers International Ltd. (PwC).
Other notable points, CEOs in the APEC region are optimistic about free trade. For many people, the ASEAN Economic Community is a major factor to change the game in the region, and they also expect export growth potential and regional economic growth thanks Agreement Trans Pacific Partnership Ocean (TPP).
However, according to Mr. Nally, "Free trade is not entirely synonymous with growth. A large number of CEOs said that free trade would do more damage to the small and medium-sized enterprises. For those living on the margins of the economy, it is important that they are involved in and benefit from growth and free trade in the APEC region, as well as access to high quality education at all Range and better transportation systems. "